The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on April 5. The RPP also left the deposit…
Georgian Economy Minister Levan Davitashvili on April 5 reviewed bilateral cooperation with Edmondo Cirelli, the Deputy Minister of Foreign Affairs and International Cooperation of Italy, at a meeting in Tbilisi. The ministry said the officials discussed ties in trade, investments, agriculture, transport and logistics, energy, tourism and other fields, and praised the “fruitful cooperation” in…
Speaker Igor Grosu had a discussion with Prime Minister Ingrida Simonyte in Vilnius, and approached the Moldovan-Lithuanian commercial and economic cooperation. Grosu pointed out Chisinau authorities’ priorities for 2023, referring to the reconstruction of the economy, energy security and strengthening of state security. “Parliament together with the Government joined their efforts to make the Republic…
During a meeting in Kyiv, Prime Minister of Ukraine Denys Shmyhal, Vice-Chancellor, Federal Minister for Economic Affairs and Climate Action of Germany Robert Habeck and representatives of German business discussed the development of bilateral cooperation, strengthening of comprehensive support for Ukraine and intensification of economic activity. Denys Shmyhal thanked Robert Habeck for his visit to…
Georgian Finance Minister Lasha Khutsishvili on April 4 reviewed the Government’s cooperation with the Asian Development Bank and projects supported by the ADB in the public sector of Georgia in a meeting with its officials. The Ministry of Finance said the meeting involved Xiaohong Yang, the ADB Deputy Director General for Central and West Asia,…
About 90% of Ukrainians working in Poland are satisfied with their jobs with only 10% of them looking for a new employer, a survey has shown. Gremi Personal, a staffing agency for foreigners, found that 17% of highly qualified Ukrainians had found jobs in the area they used to work in back home, 50% said…
The Polish general government deficit reached 3.4% of the country’s GDP in 2022, while Poland’s total debt amounted to 49.1% of GDP at the end of 2022, the Central Statistical Office (GUS) reported. This compares to a 1.8% general government deficit and debt-to-GDP ratio of 53.6% in 2021, GUS said in a flash estimate on…